Scana Propulsion signs new contracts with Kleven and Rong Tai

MAY 18, 2012: CEO of Scana Industrier ASA, Rolf Roverud says that subsidiary Scana Propulsion AS has signed new contracts with Kleven Maritime AS, Norway and Rong Tai Trading Co. Ltd., Taiwan, for delivery of propulsion equipment at a total value of NOK 35 million.

"Scana Propulsion has established a strong position as a supplier of advanced and tailor made propulsion systems for seismic and larger offshore vessels, and is proud to be selected by Kleven Maritime and Sanco Shipping for new deliveries," says Mr Roverud. "In a market still characterized by low contracting activity and strong competition, it is of high importance to Scana Propulsion to maintain a stable activity level by achieving new orders. In the global perspective, offshore and specialized vessels show increased activity in contracting, both segments representing a good potential for the entire Scana Propulsion product range."

The contract with Kleven Maritime AS is for delivery of a gear and cp propeller system with control system for a new seismic vessel for Sanco Shipping aAS. The vessel is of Skipsteknisk Design, ST 324. The Propulsion system from Scana Propulsion is a diesel mechanical twin Screw system type EACG 115 TS1250. The delivery is planned for first half 2013.

The contract with Rong Tai Trading Co. Ltd. is for delivery of a Scana propulsion system consisting of a twin screw gear, propeller, tunnel thruster and control system. The propulsion system is an ACG 105 980H. The vessel is to be built at Jiangdong Shipyard in China. Scana Shanghai Trading in Shanghai will perform project follow up and start up of the system in China. The equipment is planned for delivery first quarter 2013.